robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock …We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While … automation implies constant returns to capital within this model class (even in the absence of technological progress), we show …

We assess the long-run growth effects of automation in the overlapping generations framework. Although automation …. The reason is that automation suppresses wage income, which is the only source of investment in the overlapping … generations model. Our result stands in sharp contrast to the representative agent setting with automation, where sustained long …

We analyze the effects of declining population growth on automation. Theoretical considerations imply that countries … with lower population growth introduce automation technologies faster. We test the theoretical implication on panel data … 1% increase in population growth is associated with an approximately 2% reduction in the growth rate of robot density …

We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …

We analyze the effects of declining population growth on automation. A simple theoretical model of capital accumulation … predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical …, suggesting that a 1% increase in population growth is associated with an approximately 2% reduction in the growth rate of robot …

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …

We analyze the effects of automation on the wages of high-skilled and low- skilled workers and thereby on the evolution …

We analyze the effects of automation on the wages of high-skilled and low-skilled workers and thereby on the evolution …